_____ are securities with a maturity period of a year or less that sell at a discount.
A) Treasury bills
B) Treasury notes
C) Treasury bonds
D) U.S. savings bonds

Question

Quizplus · Accepted Answer

Treasury bills are short-term securities with a maturity period of one year or less that are sold at a discount. The discount represents the interest earned by the investor, and the investor receives the face value of the security upon maturity. Treasury notes and bonds have longer maturities and are sold at par or a premium. U.S. savings bonds have a fixed interest rate and can have a maturity of up to 30 years.

_____ Are Securities with a Maturity Period of a Year